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Side-by-side financial comparison of IOVANCE BIOTHERAPEUTICS, INC. (IOVA) and WORLD ACCEPTANCE CORP (WRLD). Click either name above to swap in a different company.

WORLD ACCEPTANCE CORP is the larger business by last-quarter revenue ($141.3M vs $86.8M, roughly 1.6× IOVANCE BIOTHERAPEUTICS, INC.). On growth, IOVANCE BIOTHERAPEUTICS, INC. posted the faster year-over-year revenue change (17.7% vs 1.9%). WORLD ACCEPTANCE CORP produced more free cash flow last quarter ($57.2M vs $-61.9M). Over the past eight quarters, IOVANCE BIOTHERAPEUTICS, INC.'s revenue compounded faster (1001.6% CAGR vs -5.8%).

Iovance Biotherapeutics, Inc. is a biopharmaceutical startup based in San Carlos, California. The company works to develop tumor-infiltrating lymphocyte (TIL) therapies against cancer.

Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company operates its financial program through a national network of dealer-partners, the automobile dealers participating in the programs. The company operates two programs: the "Portfolio Program" and the "Purchase Program". Through these programs, the company can advance money to automobile dealers in exchange for the right to service the underlying consumer loans a...

IOVA vs WRLD — Head-to-Head

Bigger by revenue
WRLD
WRLD
1.6× larger
WRLD
$141.3M
$86.8M
IOVA
Growing faster (revenue YoY)
IOVA
IOVA
+15.9% gap
IOVA
17.7%
1.9%
WRLD
More free cash flow
WRLD
WRLD
$119.0M more FCF
WRLD
$57.2M
$-61.9M
IOVA
Faster 2-yr revenue CAGR
IOVA
IOVA
Annualised
IOVA
1001.6%
-5.8%
WRLD

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
IOVA
IOVA
WRLD
WRLD
Revenue
$86.8M
$141.3M
Net Profit
$-911.3K
Gross Margin
67.4%
Operating Margin
-84.7%
-0.7%
Net Margin
-0.6%
Revenue YoY
17.7%
1.9%
Net Profit YoY
-106.8%
EPS (diluted)
$-0.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IOVA
IOVA
WRLD
WRLD
Q4 25
$86.8M
$141.3M
Q3 25
$67.5M
$134.5M
Q2 25
$60.0M
$132.5M
Q1 25
$49.3M
$165.3M
Q4 24
$73.7M
$138.6M
Q3 24
$58.6M
$131.4M
Q2 24
$31.1M
$129.5M
Q1 24
$715.0K
$159.3M
Net Profit
IOVA
IOVA
WRLD
WRLD
Q4 25
$-911.3K
Q3 25
$-91.3M
$-1.9M
Q2 25
$-111.7M
$1.3M
Q1 25
$-116.2M
$44.3M
Q4 24
$13.4M
Q3 24
$-83.5M
$22.1M
Q2 24
$-97.1M
$9.9M
Q1 24
$-113.0M
$35.1M
Gross Margin
IOVA
IOVA
WRLD
WRLD
Q4 25
67.4%
Q3 25
43.0%
Q2 25
5.5%
Q1 25
-0.8%
Q4 24
68.7%
Q3 24
46.2%
Q2 24
-0.8%
Q1 24
Operating Margin
IOVA
IOVA
WRLD
WRLD
Q4 25
-84.7%
-0.7%
Q3 25
-140.7%
-1.3%
Q2 25
-189.8%
1.5%
Q1 25
-245.8%
33.3%
Q4 24
-117.5%
11.6%
Q3 24
-152.1%
21.3%
Q2 24
-327.6%
10.0%
Q1 24
-16464.6%
29.3%
Net Margin
IOVA
IOVA
WRLD
WRLD
Q4 25
-0.6%
Q3 25
-135.3%
-1.4%
Q2 25
-186.2%
1.0%
Q1 25
-235.5%
26.8%
Q4 24
9.7%
Q3 24
-142.7%
16.8%
Q2 24
-312.2%
7.7%
Q1 24
-15800.8%
22.0%
EPS (diluted)
IOVA
IOVA
WRLD
WRLD
Q4 25
$-0.19
Q3 25
$-0.38
Q2 25
$-0.33
$0.25
Q1 25
$-0.36
$8.07
Q4 24
$-0.24
$2.45
Q3 24
$-0.28
$3.99
Q2 24
$-0.34
$1.79
Q1 24
$-0.42
$6.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IOVA
IOVA
WRLD
WRLD
Cash + ST InvestmentsLiquidity on hand
$297.0M
$10.0M
Total DebtLower is stronger
$677.2M
Stockholders' EquityBook value
$698.6M
$351.6M
Total Assets
$913.2M
$1.1B
Debt / EquityLower = less leverage
1.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IOVA
IOVA
WRLD
WRLD
Q4 25
$297.0M
$10.0M
Q3 25
$300.8M
$14.9M
Q2 25
$301.2M
$8.1M
Q1 25
$359.7M
$4.7M
Q4 24
$323.8M
$10.3M
Q3 24
$397.5M
$9.7M
Q2 24
$412.5M
$11.1M
Q1 24
$356.2M
$5.2M
Total Debt
IOVA
IOVA
WRLD
WRLD
Q4 25
$677.2M
Q3 25
$584.6M
Q2 25
$472.5M
Q1 25
$447.9M
Q4 24
$561.2M
Q3 24
$506.6M
Q2 24
$494.7M
Q1 24
$498.4M
Stockholders' Equity
IOVA
IOVA
WRLD
WRLD
Q4 25
$698.6M
$351.6M
Q3 25
$702.3M
$365.6M
Q2 25
$698.5M
$427.9M
Q1 25
$767.9M
$439.5M
Q4 24
$710.4M
$428.2M
Q3 24
$773.5M
$417.5M
Q2 24
$768.5M
$422.6M
Q1 24
$680.0M
$424.4M
Total Assets
IOVA
IOVA
WRLD
WRLD
Q4 25
$913.2M
$1.1B
Q3 25
$904.9M
$1.1B
Q2 25
$907.4M
$1.0B
Q1 25
$966.7M
$1.0B
Q4 24
$910.4M
$1.1B
Q3 24
$991.1M
$1.0B
Q2 24
$964.3M
$1.0B
Q1 24
$869.8M
$1.1B
Debt / Equity
IOVA
IOVA
WRLD
WRLD
Q4 25
1.93×
Q3 25
1.60×
Q2 25
1.10×
Q1 25
1.02×
Q4 24
1.31×
Q3 24
1.21×
Q2 24
1.17×
Q1 24
1.17×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IOVA
IOVA
WRLD
WRLD
Operating Cash FlowLast quarter
$-52.6M
$58.0M
Free Cash FlowOCF − Capex
$-61.9M
$57.2M
FCF MarginFCF / Revenue
-71.3%
40.5%
Capex IntensityCapex / Revenue
10.7%
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-336.2M
$412.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IOVA
IOVA
WRLD
WRLD
Q4 25
$-52.6M
$58.0M
Q3 25
$-78.7M
$48.6M
Q2 25
$-67.4M
$58.2M
Q1 25
$-103.7M
$254.2M
Q4 24
$-73.3M
$61.1M
Q3 24
$-59.0M
$53.8M
Q2 24
$-98.4M
$48.4M
Q1 24
$-122.3M
$265.8M
Free Cash Flow
IOVA
IOVA
WRLD
WRLD
Q4 25
$-61.9M
$57.2M
Q3 25
$-89.5M
$47.7M
Q2 25
$-74.9M
$57.1M
Q1 25
$-109.9M
$250.5M
Q4 24
$-77.5M
$60.4M
Q3 24
$-61.3M
$52.7M
Q2 24
$-98.9M
$47.3M
Q1 24
$-126.5M
$259.9M
FCF Margin
IOVA
IOVA
WRLD
WRLD
Q4 25
-71.3%
40.5%
Q3 25
-132.7%
35.5%
Q2 25
-124.9%
43.1%
Q1 25
-222.8%
151.6%
Q4 24
-105.1%
43.6%
Q3 24
-104.6%
40.1%
Q2 24
-317.9%
36.5%
Q1 24
-17685.3%
163.2%
Capex Intensity
IOVA
IOVA
WRLD
WRLD
Q4 25
10.7%
0.6%
Q3 25
16.1%
0.7%
Q2 25
12.4%
0.8%
Q1 25
12.6%
2.2%
Q4 24
5.7%
0.5%
Q3 24
3.9%
0.8%
Q2 24
1.4%
0.8%
Q1 24
583.4%
3.7%
Cash Conversion
IOVA
IOVA
WRLD
WRLD
Q4 25
Q3 25
Q2 25
43.27×
Q1 25
5.74×
Q4 24
4.56×
Q3 24
2.43×
Q2 24
4.87×
Q1 24
7.58×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IOVA
IOVA

Amtagvi$64.9M75%
Proleukin$21.9M25%

WRLD
WRLD

Segment breakdown not available.

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